9 Harbor Cove

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9 Harbor Cove

Cape May, NJ 08204
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel available for acquisition in Cape May
  • Total lot size measures 0.26 acres of buildable space
  • Located at 9 Harbor Cove in the 08204 zip code
  • Coordinates placed at 38.9463 latitude and -74.9061 longitude
  • Suitable for custom home construction or residential investment projects

What's Special

This residential land for sale in Cape May, New Jersey, presents a development opportunity for a buyer seeking a custom project in a coastal setting. Spanning 0.26 acres, the site provides a footprint suitable for building a private home near the shoreline. Cape May is known for its historic charm and active tourism economy, drawing residents who appreciate the Atlantic coast environment and the unique character of the southernmost point in New Jersey. The property at 9 Harbor Cove serves as a blank canvas for residential builders or individuals looking to establish a footprint in this established seaside community. With land availability becoming increasingly limited in this region, the parcel offers potential for those interested in long-term investment or residential development within a well-regarded market known for its Victorian architecture and proximity to major regional transit routes. Access to local amenities and the beach makes this an area of interest for those seeking a quiet yet connected coastal lifestyle.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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